Lyft (LYFT) Stock Forecast for 2023 – 2026. Sell or Buy?
Updated: December 5, 2023 (09:41)Sector: Technology
The share price of Lyft, Inc. (LYFT) now
50/200 Day Moving Average: $10.41 / $10.3
This figure corresponds to the Average Price over the previous 50/200 days. For Lyft stocks, the 50-day moving average is the support level today.
For Lyft stocks, the 200-day moving average is the support level today.
Are you interested in Lyft, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Lyft stock price in 2024, 2025, 2026, 2027, 2028. How much will one Lyft share be worth in 2024 - 2028?
When should I take profit in Lyft stock? When should I record a loss on Lyft stock? What are analysts' forecasts for Lyft stock? What is the future of Lyft stock? We forecast Lyft stock performance using neural networks based on historical data on Lyft stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
Lyft stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Lyft shares. This happens once a day.
Historical and forecast chart of Lyft stock
The chart below shows the historical price of Lyft stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Lyft stock price can be found in the table below.
Long-term forecasts by years.
Lyft, Inc. was one of the pioneers in offering “car sharing” services. The work is built on a platform where ordinary drivers can become Lyft drivers and work as a taxi at their own convenience, and passengers order and pay for Lyft taxis through the application. Lyft was founded by Logan Greene and John Zimmer, and Logan Greene (at the time of writing) is the company’s CEO.
Founded in 2012 as a startup Zimride, the company changed its name to Lyft a year later and subsequently built a big business. Lyft has a presence in 640 US cities (available to approximately 95% of the US population) and 9 cities in Canada. In 2018, the service served over 30 million passengers and a staff of nearly 2 million drivers, generating $ 2.2 billion in revenue.
Lyft went public on March 29, 2019, debuting on the NASDAQ with the ticker LYFT. However, the debut was not successful – on the second trading day, the shares fell by 10%, and as of November 1, 2019, more than 67.5% below the IPO (initial public offering) price of $ 72 per share.
Lyft daily forecast for a month
Lyft Daily Price Targets
Lyft Stock Forecast 12-07-2023.
Forecast target price for 12-07-2023: $12.60.
Negative dynamics for Lyft shares will prevail with possible volatility of 5.486%.
Pessimistic target level: 12.25
Optimistic target level: 12.96
Lyft Stock Forecast 12-08-2023.
Forecast target price for 12-08-2023: $12.74.
Positive dynamics for Lyft shares will prevail with possible volatility of 2.262%.
Pessimistic target level: 12.55
Optimistic target level: 12.84
Lyft Stock Forecast 12-09-2023.
Forecast target price for 12-09-2023: $12.41.
Negative dynamics for Lyft shares will prevail with possible volatility of 5.601%.
Pessimistic target level: 12.05
Optimistic target level: 12.76
Lyft Stock Forecast 12-10-2023.
Forecast target price for 12-10-2023: $12.58.
Positive dynamics for Lyft shares will prevail with possible volatility of 2.852%.
Pessimistic target level: 12.34
Optimistic target level: 12.70
Lyft Stock Forecast 12-11-2023.
Forecast target price for 12-11-2023: $12.73.
Positive dynamics for Lyft shares will prevail with possible volatility of 2.257%.
Pessimistic target level: 12.57
Optimistic target level: 12.86
Lyft Stock Forecast 12-12-2023.
Forecast target price for 12-12-2023: $12.99.
Positive dynamics for Lyft shares will prevail with possible volatility of 4.793%.
Pessimistic target level: 12.70
Optimistic target level: 13.34
LYFT (LYFT) Monthly Stock Prediction for 2024
Lyft forecast for this year
Lyft Stock Prediction for Jan 2024
An uptrend is forecast for this month with an optimal target price of $13.2819. Pessimistic: $12.52. Optimistic: $14.86
Lyft Stock Prediction for Feb 2024
An uptrend is forecast for this month with an optimal target price of $13.7122. Pessimistic: $11.86. Optimistic: $15.27
Lyft Stock Prediction for Mar 2024
An uptrend is forecast for this month with an optimal target price of $14.2553. Pessimistic: $12.23. Optimistic: $15.79
Lyft Stock Prediction for Apr 2024
An uptrend is forecast for this month with an optimal target price of $15.102. Pessimistic: $13.09. Optimistic: $15.70
Lyft Stock Prediction for May 2024
An downtrend is forecast for this month with an optimal target price of $12.3837. Pessimistic: $11.02. Optimistic: $13.23
Lyft Stock Prediction for Jun 2024
An uptrend is forecast for this month with an optimal target price of $12.4951. Pessimistic: $10.85. Optimistic: $13.48
Lyft Stock Prediction for Jul 2024
An downtrend is forecast for this month with an optimal target price of $11.528. Pessimistic: $9.99. Optimistic: $12.30
Lyft Stock Prediction for Aug 2024
An uptrend is forecast for this month with an optimal target price of $11.6525. Pessimistic: $10.21. Optimistic: $12.70
Lyft Stock Prediction for Sep 2024
An downtrend is forecast for this month with an optimal target price of $10.7086. Pessimistic: $9.65. Optimistic: $11.48
Lyft Stock Prediction for Oct 2024
An downtrend is forecast for this month with an optimal target price of $10.1111. Pessimistic: $8.98. Optimistic: $11.08
Lyft Stock Prediction for Nov 2024
An uptrend is forecast for this month with an optimal target price of $10.6753. Pessimistic: $9.68. Optimistic: $12.19
Lyft Stock Prediction for Dec 2024
An downtrend is forecast for this month with an optimal target price of $10.5408. Pessimistic: $9.40. Optimistic: $11.70
Lyft (LYFT) Monthly Stock Prediction for 2025
Lyft (LYFT) Monthly Stock Prediction for 2026
Lyft (LYFT) Monthly Stock Prediction for 2027
Lyft (LYFT) Monthly Stock Prediction for 2028
Lyft information and performance
185 BERRY STREET, SUITE 5000, SAN FRANCISCO, CA, US
Market capitalization of the Lyft, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of LYFT shares in the company outstanding by the market price of one share.
EBITDA of Lyft is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.